Reuters - Technology Report

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Thursday, April 21, 2016

Alphabet profit misses expectations as cost per clicks falls

(Reuters) - Google's parent Alphabet Inc reported a first-quarter adjusted profit that was lower than analysts' estimates, as cost per clicks fell.

Microsoft profit misses estimates, shares fall

(Reuters) - Microsoft Corp's quarterly adjusted profit missed analysts' estimates as a continued slump in personal computer sales hurt the company's core Windows business, sending its shares down 4 percent in extended trading.

FBI paid more than $1.3 million to break into San Bernardino iPhone

WASHINGTON (Reuters) - Federal Bureau of Investigation Director James Comey said on Thursday the agency paid more to get into the iPhone of one of the San Bernardino shooters than he will make in the remaining seven years and four months he has in his job.

Uber hit with record $11.4 million fine in Pennsylvania

(Reuters) - Uber Technologies Inc was fined a record $11.4 million on Thursday by a Pennsylvania regulator, which found that the ride-sharing service operated illegally in the state in 2014.

Strike to pressure Verizon earnings; Q1 net income meets estimates

(Reuters) - Verizon Communications Inc said an ongoing strike by its wireline workers was expected to hurt earnings in the current quarter, even as it reported first-quarter net income that met analyst expectations amid strong tablet sales.

AMD quarterly revenue slumps 19.2 percent

(Reuters) - Chipmaker Advanced Micro Devices Inc reported a 19.2 percent fall in quarterly revenue, hurt by lower sales of processors used in personal computers and weak demand in China.

Amazon launches Fire tablet in three new colors with higher storage

(Reuters) - Amazon.com Inc has launched its Fire tablet in three new colors with higher internal storage.

Bangladesh Bank exposed to hackers by cheap switches, no firewall: police

DHAKA (Reuters) - Bangladesh's central bank was vulnerable to hackers because it did not have a firewall and used second-hand, $10 switches to network computers connected to the SWIFT global payment network, an investigator into one of the world's biggest cyber heists said.

Ashley Madison plaintiffs cannot sue anonymously over hack, judge says

TORONTO (Reuters) - Plaintiffs leading a lawsuit against online dating website Ashley Madison over a security breach that exposed the personal data of customers must publicly identify themselves to proceed with the case, a U.S. judge has ruled.

Lyft's nice-guy strategy leaves it struggling to catch Uber

SAN FRANCISCO (Reuters) - In late 2014, Uber and Lyft targeted Portland, Oregon, as the next place to launch their still-controversial ride-hailing services.